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The VA wants you to own your own home and so does AMC-America’s Mortgage Company. If you are an eligible Veteran, AMC has a loan for you.
A VA loan is an attractive financing option for Veterans because:
These same features make it simple and easy to refinance existing VA loans with limited documentation.
The more you know about our home loan program, the more you will realize how little "red tape" there really is in getting a VA loan. These loans are often made without any downpayment at all, and frequently offer lower interest rates than ordinarily available with other kinds of loans. Aside from the veteran's certificate of eligibility and the VA-assigned appraisal, the application process is not much different than any other type of mortgage loan. And if the lender is approved for automatic processing, as more and more lenders are now, a buyer's loan can be processed and closed by the lender without waiting for VA's approval of the credit application.Additionally, if the lender is approved under VA's Lender Appraisal Processing Program (LAPP), the lender may review the appraisal completed by a VA-assigned appraiser and close the loan on the basis of that review. The LAPP process can further speed the time to loan closing.
For more information:
The Veteran's Administration Oakland office has a listing of VA-owned properties in Texas. You can reach their home page at http://www.va.houston.com